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India and the World Bank have signed a loan agreement on small- and medium-sized enterprises (SMEs) financing and development project. The project aims at creating easier SME financing, helping banks gain better access to long-term financing for lending to SMEs...
#bank#risk#SME financing
The Government of India is likely to increase credit flow to the small- and medium-sized enterprises (SMEs). The Government of…
Exports made under deferred payment or suppliers' line of credit contract are now entitled to benefits under the advance licence…
#bank#Exim Bank#exports
State Bank of India (SBI) has disbursed loans worth Rs 20,537 crore during the period April-December 2004 to small- and…
Canbank Factors registered a 50 per cent growth during the third quarter of the fiscal year ended 31 December 2004…
The World Bank extended US$120 million in assistance to India to help boost credit to small companies on Friday. The…
#bank#guarantee#risk
Finance minister P Chidambaram today launched BSE IndoNext, a joint project promoted by the Bombay Stock Exchange and the Federation…
#Jobs#liquidity#smes
The Indian government has said it is in the process of developing a review mechanism to find out the number…
#banks
The Parliamentary Committee on banking feels that the Reserve Bank of India (RBI) should fix targets for individual banks for…
First International Merchant (FIM) Bank has acquired 38.5 per cent stake in Global Trade Finance (GTF)-26 per cent of the…
#bank#global trade#international
Export Credit Guarantee Corporation of India (ECGC) has decided to reduce the eligible credit limit by 50 per cent or…
#bank#exporters#guarantee
Even though the government is making all efforts to boost credit flow to small- and medium-sized enterprises (SMEs), banks need…
The Small Industries Development Bank of India's (Sidbi) proposed credit rating agency, exclusively catering to the the small- scale industry…
#bank#banks#SIDBI